Mixed-Use Building with
New
For Sale
$450,000
2508/2510 Tulane Ave. New, New Orleans, LA 70119
Two-level property combines ground-floor commercial space with multifamily occupancy above and MU-2 zoning.
Property Size4,576 SF
Days on Market7
Property Features for 2508/2510 Tulane Ave. New
General Information
Standard status
Active
Size
4,576 SF
Class
C
Property subtype
Multi Tenant Office
Zoning
MU-2
Additional Details
Cap Rate
7.99%
Building Details
Building Size
4,576 SF
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Property One, Inc.
(985) 674-3515
Listed By:
Mike D'Amico · License #000072272
(985) 674-3515
Source:
Thebrokerlist
Added: Aug 16
Changed: Aug 21
Last Checked: Aug 22 at 3:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Property One, Inc.
Investment Insights
Based on property information with market context.
This mixed-use building places retail space on the ground floor and multifamily occupancy on the second level. The property also serves office, retail, and multifamily tenants, creating a varied commercial and residential configuration within one asset. It is designated MU-2 High Intensity Mixed-Use District and is offered as an income-producing property with an approximately 7.99 percent cap rate.
The building is located on Tulane Avenue across from a new Trader Joe’s facility. The surrounding area includes the Department of Veterans Affairs medical facility, while University Medical Center is located down the street. A vacant lot behind the property may also be available for purchase, subject to separate transaction terms.
The building is located on Tulane Avenue across from a new Trader Joe’s facility. The surrounding area includes the Department of Veterans Affairs medical facility, while University Medical Center is located down the street. A vacant lot behind the property may also be available for purchase, subject to separate transaction terms.
Key Highlights
- Approximately 7.99 percent cap rate
- Ground‑floor retail with multifamily occupancy on the second level
- MU‑2 High Intensity Mixed‑Use District zoning
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,802
Businesses Nearby
Explore this area
Business Placement
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
Market
Vacancy Rate% for Office in New Orleans, LA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines ground-floor commercial space with multifamily occupancy above and MU-2 zoning.
Where is this mixed-use property located?
The property is located at 2508/2510 Tulane Ave. New New Orleans, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 7.99 percent cap rate; Ground‑floor retail with multifamily occupancy on the second level; MU‑2 High Intensity Mixed‑Use District zoning
